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Ex-Paramount Exec Adam Goodman Reinvents the Production Company

Ex-Paramount Exec Adam Goodman Reinvents the Production Company

Before DreamWorks graduate Adam Goodman left his gig as president of the Paramount Pictures film group in February, he was always invested in exploring new ways to finance, produce and release movies. Goodman wants to try some of these ideas out at his new production company Dichotomy, which is interested in backing digital projects using streamlined production technology in a wide range of genres, from microbudgets to bigger-scale movies. 
This new, presumably more efficient low-budget model will finance a myriad of genres over time, in increments. Dichotomy would advance $2 million for 20 days of production, reports Kim Masters in The Hollywood Reporter. During a hiatus the filmmakers would test materials with audiences before moving forward to finish the movie with another $1 million for another five days. Then another test and possibly more investment up to a $5-million budget cap.

Goodman learned some tricks from Universal-based Jason Blum, who released his “Paranormal Activity” series via Paramount and keeps his budgets below $5 million. In today’s multi-platform universe, squeezing profits is most possible when budgets are low. 

Dichotomy has a first look deal at Paramount, and is seeking more financing to add to what it has raised so far.

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